{ "ticker": { "uuid": "4eac1b89-a685-4bee-a11b-e4f4490085e9", "symbol": "INDGN", "name": "INDEGENE LIMITED", "exchange": "NSI", "country": "IN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^NSEI", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Momentum cooling", "architecture_gate": "up", "architecture_direction": 69.406, "architecture_energy": 37.735, "architecture_maturity": 18.474, "architecture_confidence": 75.941, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 35.71, "rotation_up": 47.79, "upward_expansion": 72.46, "deceleration": 61.58, "rotation_down": 22.43, "downward_expansion": 6.13 }, "activity_lines": [ 521.916414, 517.133834, 514.204812, 505.093785 ], "activity_state": "Moderate", "activity_direction": "Stable", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 554.450012, "trend_reference": 495.371664, "distance_from_trend": 0.119261, "trend_direction": "Weakening", "fair_value": 558.522147, "distance_from_fair_value": -0.007291, "fair_value_direction": "Improving", "relative_strength": 8.237242, "relative_strength_direction": "Improving", "price_momentum": 0.133265, "excess_performance": 0.176974, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.119261, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.003714, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.007291, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.052695, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.082372, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.051985, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.133265, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 5.128505, "read": "Demand-led" } ], "volume": { "latest": 7994206, "relative_activity": 5.838929, "balance": 5.128505, "dry_up": 2.042423, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.050058, "annualized_volatility": 0.263966, "from_high_reference": -0.070962, "from_low_reference": 0.339251 }, "levels": { "trend_reference": 495.371664, "fair_value_reference": 558.522147, "structural_low": 414.0, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Extended", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, "median_return": null, "positive_rate": 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"gate": "up", "direction": 16.770054, "energy": 15.539244, "activity_lines": [ 502.420707, 509.106553, 507.354808, 499.830557 ] }, { "date": "2026-07-31", "close": 515.150024, "volume": 2182599, "typical_volume": 1063619.85, "trend": 493.886664, "fair_value": 558.557252, "relative_strength": 1.255153, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.171848, "energy": 17.027036, "activity_lines": [ 505.597385, 509.607468, 509.112906, 501.186472 ] }, { "date": "2026-08-07", "close": 554.450012, "volume": 7994206, "typical_volume": 1369121.9, "trend": 495.371664, "fair_value": 558.522147, "relative_strength": 8.237242, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 69.405588, "energy": 37.734822, "activity_lines": [ 521.916414, 517.133834, 514.204812, 505.093785 ] } ], "method": { "price_basis": "completed market observations", "trend": "Trend provides the primary directional reference.", "fair_value": "Fair Value provides long-term price context and is not a forecast or target.", "relative_strength": "Relative Strength shows leadership or lagging performance against the market benchmark.", "classification": "The SM framework combines Trend, Activity, Fair Value, Relative Strength and participation into a structural read." } } }